Liveblogging the Religion and Bankruptcy Conference, Part III

This afternoon, I have the pleasure of introducing the conference keynote speaker, Geoffrey Miller of NYU.  Geoff’s talk, “Law and Economics versus Economic Analysis of Law,” distinguishes the former discipline from the latter, using Robert Aumann’s famous economic analysis of Talmudic law as an example.  Geoff argues that the economic analysis of law offers elegance, but that law and economics offers a rich understanding of complex real-world institutions like courts and legal systems.   Taken together, the two disciplines offer “complementary means for obtaining information about the social world.” — MLM

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